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- S.2856
S.2856: A bill to amend the Internal Revenue Code of 1986 to modify the credit for production of electricity from renewable resources for certain open-loop biomass and trash facilities placed in service before the date of the enactment of this Act.
About This Bill
- Introduced Sept. 18, 2014
- Latest Major Action Sept. 18, 2014
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 1 Independent Democrat, 1 Republican)
Bill Summary
Amends the Internal Revenue Code, with respect to the tax credit for producing electricity from renewable resources, to allow a taxpayer to elect the application of such credit to open-loop biomass and trash facilities during the period beginning after December 31, 2013, and ending before January 1, 2016 (in lieu of the 10-year period after the facilities are originally placed in service). Limits the aggregate period during which a taxpayer...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sept. 18, 2014 |
Read twice and referred to the Committee on Finance.
|
Sept. 18, 2014 |
Introduced in the Senate by Robert Menendez (D-N.J.) |